ERIC ED463005: Funding History for the City University of New York, Fiscal Year 1991 to Fiscal Year 2002.

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by  ERIC

DOCUMENT RESUME
JC 020 221
ED 463 005
Funding History for the City University of New York, Fiscal
TITLE
Year 1991 to Fiscal Year 2002.
City Univ. of New York, NY.
INSTITUTION
2002-01-28
PUB DATE
NOTE
14p.
Descriptive
Numerical/Quantitative Data (110) -- Reports
PUB TYPE
(141)
MF01/PC01 Plus Postage.
EDRS PRICE
College Role; *Community Colleges; Educational Economics;
DESCRIPTORS
*Educational Finance; Expenditures; Fees; *Financial
Support; Income; *State Aid; *Tuition; Two Year Colleges
*City University of New York
IDENTIFIERS
ABSTRACT
This document reports on the funding history of City
University of New York (CUNY) from the 1991 fiscal year to the 2002 fiscal
year. The report focuses on three main sources of university funding: tuition
and fees, state aid, and local city support. Key findings include:
(1)
(2) state aid has
funding from local city support has dropped since 1991;
dropped since 1991 but still is the main financial supporter, while tuition
(3) the 2002 CUNY budget
and fees have more than doubled from 1991 to 2002;
totals $1 billion, which represents a $243 million increase and a 21% rise
(4) state aid represents 53% of the total budget, with tuition
since 1991;
(5) state aid
and fees and city support making up 37% and 10%, respectively;
rose $3.3 million dollars but dropped from 64% to 53% of the overall CUNY
(6) since 1991, tuition revenue more than doubled, rising 110% from
budget;
(7) increased funding has come from $275
$247 million to $519 million;
million in increased tuition revenue and state aid; and (8) city support
declined $32 million and dropped from 14% to 10% of the CUNY funding budget.
The report provides 12 charts and seven tables.
(MKF)
Reproductions supplied by EDRS are the best that can be made
from the original document.
THE CITY UNIVERSITY OF NEW YORK
Funding History for the City University of New York
Fiscal Year 1991 to Fiscal Year 2002
0,11S1T
0
U.S. DEPARTMENT OF EDUCATION
Office of Educational Research and Improvement
EDUCATIONAL RESOURCES INFORMATION
CENTER (ERIC)
This document has been reproduced as
received from the person or organization
originating it.
O Minor changes have been made to
improve reproduction quality.
Points of view or opinions stated in this
document do not necessarily represent
official OERI position or policy.
PERMISSION TO REPRODUCE AND
DISSEMINATE THIS MATERIAL HAS
BEEN GRANTED BY
rOcCbe__
.
TO THE EDUCATIONAL RESOURCES
INFORMATION CENTER (ERIC)
1
UNIVERSITY BUDGET OFFICE
January 28, 2002
2
BEST COPY AVAILABLE
Introduction
Enclosed is a funding history for the City University of New York from fiscal year 1991
to fiscal year 2002. This report focuses on the three main sources of University funding,
tuition and fees, State aid, and City support.
Over the past decade, there have been significant shifts in the proportion of total
In current dollars, funding
University funding comprised by each of these sources.
erosion has occurred specifically in City support at both the senior and community
colleges. During this same period, State aid remained largely stable in current dollars, in
part because of the per FTE funding formula at the community colleges. The vast bulk of
new revenue has come from a 110% increase in tuition and fees since 1991, providing the
University with a 21% total funding increase in current dollars.
After inflation' is taken into consideration, however, total University funding from these
three major sources has actually declined by more than 16%. State aid, University-wide,
Inflation
has fallen by nearly one third. City support has dropped by close to one-half.
has also seriously reduced the purchasing power of increased tuition revenues during this
period. This has left the University with significantly fewer total resources in real dollars
even as the cost of education for students has risen dramatically.
The analysis is divided in three parts: University-wide funding, senior college funding,
and community college funding. Each section includes revenue data by funding source in
current and inflation-adjusted dollars; bar charts comparing funding by source for the
base year and current year; and line charts detailing funding by source for each of the
twelve years under examination.
This report employs inflation adjustments based on the Higher Education Price Index (HEPI). The HEPI
measures "the average relative level in the prices of a fixed market basket of goods and services purchased
by colleges and universities through current fund educational and general expenditures excluding
Examples include wages, salaries, fringe benefits, supplies, materials, utilities
expenditures for research."
and library acquisitions. The HEPI is made available by Research Associates of Washington.
3
The City University of New York
University-Wide Funding by Revenue Source 1991-2002
The FY2002 University budget totals $1.4 billion. It is funded by tuition revenue ($518.7
million); State aid ($742.6 million) and City support ($133.4 million).
Since 1991 overall University-wide funding has increased $243.4 million (21.1%) in current
dollars. The increased funding has come from $275.1 million in increased tuition revenue
and State aid, offset by $31.7 million in reduced City support. When adjusted for inflation,
however, University-wide funding declined $273.2 million (-16.4%).
D University-wide State aid rose $3.3 million (0.4%) in current dollars, but declined
$328.4 million (-30.7%) after inflation.
D City support declined $31.7 million (-19.2%) in current dollars and $105.8
million (-44.2%) after inflation.
D Tuition revenue more than doubled during this period, rising 110% from $247
million to $519 million.
During this period, the percentage of funding by source has shifted sharply from public
support to student tuition payments. In 1991, the City and State's contribution represented
78.5% of the costs of operating the colleges. Today, this share of funding is 62.8%. Tuition
payments comprised 21.4% of funding in 1991; today tuition accounts for 37.2% of the
budget.
Table 1:
University-Wide Funding by Source 1991 - 2002
(Current Dollars - millions)
Change % Change
Percent
Percent
1991-2002
2002 1991-2002
1991
State Aid
0.4%
739.3
64.2% 742.6 53.2%
3.3
City Support 9.6% -19.2%
-31.7
14.3% 133.4
165.1
Tuition and Other Revenue
110.1%
246.9
21.4% 37.2% 271.8
518.7
Total
21.1%
100.0%
100.0%
243.4
1,151.3
1,394.7
Table 2
University-Wide Funding by Source 1991 - 2002
(Inflation Adjusted Dollars (HEPI Index) - millions)
% Change
Change
Percent
Percent
1991-2002
2002 1991-2002
1991
State Aid
742.6 -328.4 -30.7%
64.2% 53.2%
1,071.0
-44.2%
-105.8
City Support 9.6%
239.2
14.3% 133.4
45.0%
37.2%
Tuition and Other Revenue
161.0
357.7 21.4% 518.7
Total
-16.4%
100.0%
-273.2
100.0%
1,667.9
1,394.7
4
The City University of New York
-- 1991 to 2002
University-Wide Funding by Source
Current Dollars
800.0
742.6
739.3
700.0
600.0
518.7
600.0
0
E 400.0
300.0
246.9
200.0
166.1
133.4
100.0
2002
2002
1991
1991
2002
1991
0.0
Tuition & Other Revenue
City Support
State Aid
Inflation Adjusted (HEPI Index)
1,200.0
1,071.0
1,000.0
800.0
742.6
0
600.0
518.7
40,
357.7
400.0
239.2
200.0
133.4
2002
1991
2002
2002
1991
1991
0.0
Tuition & Other Revenue
City Support
State Aid
5
The City University of New York
University-Wide Funding by Source
-- 1991 through 2002
Current Dollars
800
742.6
39.3 732.8
7 0.3
690.
6 1:0-
700
82:0
678.3
622.7
608.1
604.8
600
609.0
500
518:7
0
S 400
-0-State Ald
300
`ulfr`Tuition & Other Revenue
-0- City Support
200
100
0
2001-02
2000-01
1998-99 1999-00
1997-98
1995-98 1998-97
1993-94
1994-95
1991-92 1992-93
1990-91
Inflation Adjusted (HEPI Index)
1,200
1,071.0
-0-State Ald (HEPI Index)
1,000
4m0r`TultIon & Other Revenue (HEPI Index)
935.9
953.9
-0- City Support (HEPI Index)
891.8
773 2
828.1
59.7
800
753.4
750.6
742.6
723.8
731.8
75.5
0
646.7
a
600
609.2
593.7
573.2
544.9
538.3
544.4
541.1
518.7
465.8
400
357.7
200
131.4
133.4
130.0
128.6
131.3
127.1
126.8
134.7
0
2001-02
1999-00 2000-01
1997-98 1998-99
1995-98 1998-97
1993-94
1994-95
1991-92 1992-93
1990-91
6
The City University of New York
Senior College Funding by Revenue Source 1991-2002
The FY2002 senior college budget totals $1.03 billion. It is funded by tuition revenue
($383.2 million); State aid ($618 million) and City support ($32.3 million).
Since 1991 overall senior college funding has increased $167.8 million (19.4%) in current
dollars. The increased funding has come from $197.8 million in increased tuition revenue,
offset by $30 million in reduced State and City support. When adjusted for inflation,
however, senior college funding declined $220.7 million (-17.6%).
> State aid to the senior colleges declined by $18.4 million (-2.9%) in current dollars,
and declined $304 million (-32.9%) after inflation.
D City support declined $11.6 million (-26.4%) in current dollars and declined
$31.3 million (-49.2%) after inflation.
> Tuition revenue more than doubled during this period, rising 106.7% from $185.4
million to $383.2 million.
During this period, the percentage of funding by source has shifted sharply from State and
City support to student tuition payments. In 1991, the State and City contribution represented
78.6% of the costs of operating the colleges. Today, the City and State share of funding is
62.9%. Tuition payments comprised 21.4% of funding in 1991; today tuition accounts for
37.1% of the budget.
Table 1:
Senior College Funding by Source 1991
2002
(Current Dollars - millions)
Change % Change
Percent Percent
1991-2002
1991-2002
2002
1991
State Aid
-18.4
-2.9%
636.4 618.0 59.8%
73.5%
-11.6 -26.4%
3.1%
43.9
City Support
32.3
5.1%
106.7%
37.1%
21.4%
197.8
383.2
Tuition and Other Revenue
185.4
Total
19.4%
100.0%
100.0%
167.8
865.7
1,033.5
Table 2
Senior College Funding by Source 1991 - 2002
(Inflation Adjusted Dollars (HEPI Index) - millions)
% Change
Change
Percent
Percent
1991-2002
1991-2002
2002
1991
-32.9%
State Aid
-304.0
59.8%
618.0
922.0
73.5%
-49.2%
-31.3
3.1%
City Support 63.6
32.3
5.1%
42.7%
37.1%
114.6
268.6
383.2
Tuition and Other Revenue
21.4%
-17.6%
-220.7
Total
100.0%
100.0%
1,033.5
1,254.2
7
The City University of New York
-- 1991 to 2002
Senior College Funding by Source
Current Dollars
$700.0
$636.4
$618.0
$600.0
$500.0
$.383,2
$400.0
$300.0
$486.4.
$200.0
$100.0
$43.9
$32.3
2002
1991
2002
1991
2002
1991
$0.0
Tuition & Other Revenue
City Support
State Aid
Inflation Adjusted (HEPI Index)
$1,000.0
$922.0
$900.0
$800.0
$700.0
$618.0
$600.0
0
$600.0
40
$383.2
$4400.0
$268.6-
$300.0
$200.0
$63.6
$100.0
$32.3
2002
1991
2002
1991
2002
$0.0
Tuition & Other Revenue
City Support
State Aid
The City University of New York
-- 1991 through 2002
Senior College Funding by Source
Current Dollars
700
618.0
636.4
614.1
600
602.9
574.1
563.9
668.3
563.5
508
496.1
503.0
500
496.4
400
383.2
383.2 383.2
383.2
3832
a
300
284.4
236.1
-0-State Aid
200
185.4 Tuition & Other Revenue
CI- City Support
100
42.9
43.9
32.3
32.3
29.5
32.3
32.3 32.3 32.3
32.3
27.0 32.3
0
1998-99 2001-02
1999-00
2000-01
1996-97 1997-98
1994-95 1995-96
1993-94
1992-93
1991-92
1990-91
Inflation Adjusted (HEPI Index)
1,000
922.0
900
-4-State Ald (HEPI Index)
Tuition & Other Revenue (HEPI Index)
784.3
803.0
800
741
-0- C Ity Support (HEPI Index)
700
639.8
683.9
619.7
6
.1
615.7
6 8.0
591.
697.4
600
0
490.5
475.6
500
383.2
400
300
200
100
60:0
41.3
38.9
40.1
40.1
35.5 35.2
36.7
33.6
37.5
32.3
0
2001-02
2000-01
1998-99 1999-00
1997-98
1996-97
1994-95
1995-96
1992-93
1993-94
1991-92
1990-91
9
The City University of New York
Community College Funding by Revenue Source 1991-2002
The FY2002 community college budget totals $361.1 million. It is funded by tuition revenue
($135.5 million); State aid ($124.5 million) and City support ($101.1 million).
Since 1991 overall community college funding has increased $75.5 million (26.4%) in
current dollars. The increased funding has come from $95.6 million in increased tuition
revenue and State aid, offset by $20.1 million in reduced City support. When adjusted for
inflation, however, community college funding declined $52. 7 million (-12.7%).
> State aid to the community colleges rose $21.6 million (21.1%) in current dollars, but
declined $24.6 million (-16.4%) after inflation.
> City support declined $20.1 million (-16.6%) in current dollars and $74.5 million
(-42.4%) after inflation.
D Tuition revenue more than doubled during this period, rising 120% from $61.5
million to $135.5 million.
During this period, the percentage of funding by source has shifted sharply between City
support and student tuition payments. In 1991, the City's contribution represented 42.4% of
the costs of operating the colleges. Today, the City's share of funding is 28%. Tuition
payments comprised 21.6% of funding in 1991; today tuition accounts for 37.5% of the
budget. The State share of funding has remained relatively stable during this period,
declining slightly from 36% to 34.5%.
Table 1:
Community College Funding by Source 1991
2002
(Current Dollars - millions)
% Change
Change
Percent
Percent
1991-2002
1991-2002
2002
1991
21.1%
21.6
34.5%
State Aid
36.0%
124.5
102.9
-16.6%
28.0%
-20.1
42.4%
121.2
City Support
101.1
120.3%
74.0
21.6% 37.5%
61.5
135.5
Tuition and Other Revenue
26.4%
100.0%
75.5
100.0%
Total
361.1
285.6
Table 2
Community College Funding by Source 1991
2002
(Inflation Adjusted Dollars (HEPI Index) - millions)
% Change
Change
Percent
Percent
1991-2002
1991-2002
2002
1991
-16.4%
-24.6
34.5%
State Aid
36.0%
124.5
149.1
-42.4%
-74.5
28.0%
42.4%
101.1
City Support
175.6
46.4
52.1%
37.5%
21.6%
135.5
Tuition and Other Revenue
89.1
-12.7%
-52.7
100.0%
Total
100.0%
361.1
413.8
1 0